Written from within the Payments Industry by payments practitioners this report provides key insights for Banks and Processors who need to move their current payments infrastructure into the future.

The report examines the global top Acquirer and Switching software providers and details product, corporate and customer views using standard metrics. The newly updated 160 page report contains an expanded Executive Summary discussing recent dramatic changes in the payments landscape, as well as updates on recent mergers and acquisitions, all helping buyers establish a quick selection shortlist with confidence.

This report is the leading industry report breaking down each vendor into a scorecard of metrics which buyers can use to compare choices side by side to gain a custom view matching their requirements.

Adrian Hausser, CEO of PayX says “The report is now established in the industry as the authoritative foundation for any bank or processor selecting payments vendors and partners for a future payments infrastructure. PayX ourselves use the report weekly as a pre-requisite for all our infrastructure strategy work around the world – it’s simple, objective and powerful, saving people months if not years of market groundwork”.

PayX’s PayX-DPE standardised process uses the report as a pre-requisite. Any bank looking to go through a business and technology review, issue RFP’s and select vendors should be taking advantage of PayX-DPE. We have packaged our numerous prior selection engagements and now can replay it at a fraction of the costs of any other methods so expediting future selection processes. PayX-DPE simply delivers industry robust knowledge, tailored to Bank/Processor needs, fast and at far lower cost than anyone can do by any other means.

Customer comments include “the report and PayX-DPE process in only a couple of days saved us at least 6 months of internal analysis and planning and prevented us engaging in a number of initiatives which would have led to dead ends”.

Click here for more information on PayX-DPEClick here for more information on our Vendor Comparison Report

London, Atlanta and Buenos Aires: 12th November 2013 – In direct response to rapidly increasing demand for its wider known PayX-Knowledge services suite, PayX moves its Market Analyst service to a subscription model and increases its focus to address customer demand creating “super-value” from their payments business. Global pressures, new players and opportunities push payments businesses to achieve substantially improved profitability ratios. These ratio levels require radical change and the challenge is substantial. For the last 5 years, PayX Market Analyst services have increasingly assisted customers around the globe by delivering far reaching insights into industry movement, close analysis of others’ experiences, and assessment of solutions in reality verses marketing. Customers use PayX Market Analyst services to gain insight, clarity and confidence to navigate paths to success, often finding that PayX triggers fast forward progress to winning “go to” market propositions. The PayX Market Analyst subscription model ensures an affordable continuity of service engagement over time maximising value and minimising risks.

Adrian Hausser, CEO PayX Group, stated “The payments industry is moving full speed towards what we call the ‘super-value creation stage’. This is where payments become an enabler and subset of commerce, intersecting with the mega worlds of retail and corporate commerce. All businesses are being forced to find next tiers of profitability, and payments plus its data has the ability to enable next generation profits in commerce. It’s something along the lines of Bank3.0, banks rejuvenating alongside a new consumer base, but larger than only banks. This radically changes the payments landscape and we see it already happening today with increased PayX engagements around creating future payments infrastructures. It’s exciting and hence this PayX Market Analyst subscription service enables us to be more aligned and centric to adding value to our customers with these changes. We see a clear value service proposition to assisting our traditional customers of banks, processors and vendors, and perhaps most telling to the size of change here, our engagements are increasing with new customers, new operational payments players and most interestingly increased engagement with the investment world of private equity and financial analysts. It’s a superb time to be in Payments, and we are very fortunate that PayX is a powerful established trusted payments knowledge provider working around the globe with the top payments organisations, and now this Market Analysts subscription service helps create more win-wins.”

PayX delivers trusted objectivity and independence. A US Bank customer quoted “PayX provides a consistent unique ability to bring clarity, insight and value into what is happening in the payments industry”. PayX customers gain from real pragmatic experiences, rather than academic market research, that they can use to implement tomorrow’s payments solutions while leveraging today’s infrastructures.

About PayX

Since 1996, PayX has been a successful independent international Payments Knowledge Provider delivering trusted quality valued services. PayX is one of the very few focused payments services companies that truly works end-to-end from strategic market analysis, business solutions through to operational implementation. PayX works with top traditional payments organisations, banks, processors, ISOs and vendors as well as the investment community of private equity banks, Wall Street analysts, institutional investors. PayX customers benefit from the values of a long term international partner focused on the win-win of combined business enhancement as its core. PayX’s payments knowledge, service history and commitment to innovation, complements any payment organisation’s Business initiatives.

London, UK – 10 September 2013 – PayX International is delighted to announce further recognition and strengthening of its payments Market Analyst positioning. PayX, over the past 5 years, has been increasingly recognised as an important industry Market Analyst on the changes of significance in Payments. We have been closely tracking the corporate key payments players’ landscape through working within the industry rather than merely observing from outside. PayX works closely with leading banks & processors for trends, demand and future roadmaps. PayX also produces a unique publication on vendors and products through surveys, customer research and attendance at vendor Market Analyst & User events, and PayX regularly engages with VCs, Private Equity and Investment Analysts/Banks contrasting views from different perspectives. All this enables PayX to continually build on a pragmatic view of the working core and fundamental drivers in the Payments Industry, which we then utilise via our unique component methodology, called PayX-DPE, to help each player in the industry evolve.

Our proposition is simple: PayX has the best constant global view of the Payments Industry so can quickly provide valuable insights to enhance any business, for today and the future.

Part of PayX’s strategy to communicate efficiently with more of the industry is to work with Industry Communities. In recent weeks we have held a series of negotiations with leading conference organisers and we are pleased to announce this first concluded conference alignment agreement.

EBUG Knowledge Forum is a long standing European industry event that has reinvented itself to match market demand for wider and more payments knowledge sharing. It is managed and controlled by a board of current Payments Users, covering Banks, Processors and Retailers. PayX International and EBUG have joint common interests in providing objective knowledge to the rapidly changing payments market.

The EBUG and PayX agreement includes:

Alignment on overall agenda, bringing together the best vendors, sponsors, speakers

PayX Market Analyst multiple speaking topics on different aspects of the industry

“Analyst View of corporate evolution of the major players in the Payments Industry”

“Building Payments Infrastructures for Tomorrow”

“What’s Happening and How Do We Address The Issues?” – panel discussion

PayX has agreed to distribute its Switching/Acquiring Vendor & Products Comparison Report, retail value starting at £7,000, to each user delegate at the conference in their registration packs

EBUG provides PayX an exclusive discount package for conference attendance by PayX customers and subscribers (contact us for more info)

PayX and EBUG will cooperatively work together to enhance similar future initiatives

PayX is very pleased with this unique agreement, and the fact it has similar conference alignment activity occurring in Latin America, Middle East and Africa, South Africa, US and Canada and will issue update announcements in the coming weeks.

Press Release 25 October 2012

Today PayX International launched the new version of their highly successful ‘Acquiring and Switching Vendor Comparison’ report.

As well as detailed product and company information and customer views, the newly updated 126 page report also includes new Issuer and expanded Mobile sections, the inclusion of new Vendors such as Opsol and updates on mergers & acquisitions such as the ACI acquisition of S1 and Distra.

The report gives customers a rare opportunity to have a cross-industry view of the top product vendors in the industry.

Adrian Hausser, COO of PayX says “The report is the authoritative foundation for anyone building an informed payments infrastructure roadmap, we use it as a pre-requisite for all our strategy work around the world – simple, objective and effective”.

The updated report is the underlying platform for our PayX-DPE methodology which is a standard structured approach for banks and processors to quickly achieve a clear multi-year payments infrastructure roadmap.

Customer comments include “Through the initial report and PayX-DPE process, in days we saved 6 months of internal analysis and planning and prevented engaging in a number of fruitless exercises which would have led to dead ends”.

London – PayX International, a leading international Payments Knowledge Provider and Nets, a leading Nordic and Northern European Payments Provider, have signed a long term Strategic Partnership agreement over five years, for the continued provision of specialised payments consultancy services.

“Nets has established a strong foothold in the Nordic region with a growth programme that supports our European ambitions. PayX has already provided key assistance over the last few years during our company consolidation process. In a swiftly changing payments landscape we benefit from PayX’s proven project delivery and independent market position. Hence it is natural for us to extend our existing excellent relationship with a true strategic partner that will help us enhance Nets future business,” says Sigurd Knudsen, CIO of Nets.

“PayX has a long history of working with Nets and other top tier Payment Service Providers. We always pride ourselves on the quality of our diverse payments consultancy services, and with Nets we have agreed an Extended Engagement Model that truly allows us to work a more substantial level partnership. This combines our global payments knowledge with Nets specific goals, therefore capturing and bringing reality to tremendous opportunities created in this new payments world. Nets are an excellent top tier payments partner.” commented Adrian Hausser, Co-founder and COO of PayX International.

The strategic partnership enables Nets to continue building on the existing 5 year relationship and benefitting from PayX’s unique market insight and consultancy capability. The partnership will help identify initiatives to enhance Nets business and operations, scope new business opportunities, engage in the development of new innovative services and products, ultimately leading to enhanced corporate performance.

About PayX
Since 1996, PayX has been a successful independent international Payments Knowledge Provider delivering premium value services ranging from strategy through to post implementation support. PayX Customers benefit from an Ecosystem, which has been designed over more than 15 years to provide highest standards of knowledge services to the payment market with a corporate, business and technology focus. PayX’s payments knowledge, service history and commitment to innovation, complements any payment organisation’s Business initiatives.

About Nets
Nets is one of northern Europe’s leading companies for payment solutions, information services and digital security solutions, with one of the most extensive and innovative product portfolios in Europe. Our ambition is to become an even stronger partner to our customers by supporting their business nationally as well as internationally. We want to make the handling of both financial and information assets easier and more secure. Nets employs over 2,200 people and has its registered office in Copenhagen, as well as competence and commercial centres in Oslo, Stockholm, Helsinki and Tallinn. Find out more about Nets at www.nets.eu.
ends

Following the launch of the 2011 PayX Acquiring and Switching Vendor Comparison Report, PayX International continues to extend their portfolio of Knowledge Services offerings with the launch of their streamlined Vendor Selection Service. From a unique position within the heart of the Payments Ecosystem PayX are ideally placed to offer customers independent, informed and current advice when entering into the challenging area of payments vendor selection.

Adrian Hausser, CEO said “Today’s strategies specifically including partnering and purchasing decisions will impact banks and processors payments platforms for at least the next 10 years. These major decisions are particularly difficult in current times as the card-based payments industry is in an unprecedented period of change, meaning large opportunities and large threats. PayX’s independence means we work with Banks and Processors around the world in the trusted circle as we have no bias. Our external experience helps organisations have wider market insights and hence make more informed and lower risk decisions from Payments Strategy through to implementations. The PayX Vendor Selection Service is yet another example of PayX productising its unique value into a low cost fast high value deliverable that is applicable worldwide.”

PayX Vendor Selection Service includes:

Independent, external guidance and extensive market knowledge to complement in-house expertise when defining your specific requirements and those to be considered to future proof your payments strategy

Management of a focused vendor search to identify an appropriate shortlist which negates the Request for Information stage saving both time and money

Development of a comprehensive Request for Proposal Document

A full review and evaluation of all vendor responses leading to a suitable shortlist in line with customers procurement procedures

At the end of the process you will have an impartial insight into which vendor is the most suitable partner for your long term business objectives

The Payments industry is in an unprecedented period of disruption with the most radical changes ever occurring now. In the aftermath of the financial crisis, payment systems have moved from vertical to infrastructure with governments taking greater control due to the critical nature of the payments systems to the stability of any country. This has also led to issues around “globalisation” vs. “protectionism” creating conflicts by preventing entry into certain markets. At the same time many institutions have been forced to review their processing platforms, based on the activities of the market leading vendors including:

“ACI strategy to move clients from BASE24-classic to BASE24-eps, the change in support for ON/2 & OpeN/2 products, FIS merging IST, Connex and Cortex following its purchase of Metavante and significant market moves by companies including Wincor and Clear2pay”.

The 2011 edition of the ‘Card Acquiring and Switching Products: An Independent Assessment of Products and Suppliers’, when delivered with a series of standard workshops, assists customers to navigate through the maze of choices available to them through the provision of market intelligence, strategic advice and payments expertise. PayX are the only provider of Independent Knowledge Services helping customers make informed decisions and achieve timely advantage through a proven programme called PayX-DPE.

One major USA Bank comments that, “through the initial program and workshop with PayX, it has saved 6 months of internal analysis and planning and prevented engaging in a number of fruitless exercises which would have led to dead ends”.

The PayX-DPE vision harnesses the knowledge, market breadth and experience of PayX and provides an industry-strength framework on which to build a future-proof plan. The announcement of the 2011 version of the Card Acquiring and Switching Products Comparison Report provides greater, in-depth information and analysis of the leading vendors in this market together with a broader view of complementary products included in some vendors’ portfolios.

Through the key phases of “Discovery”, “Planning” and “Effect”, PayX-DPE brings together the three dimensional picture that is driving banks to develop their 5-10 year strategy for their Card Payments Platforms, namely:
• The choice that has to be made
• The risks associated with making that choice
• The process that facilitates the transition, once the choice is made

Atlanta, GA, USA – PayX International Ltd, the world’s largest payments Knowledge Service Provider, is delighted to announce a further significant investment into serving the Americas marketplace. PayX Americas Inc. formalizes the robust and dedicated delivery capability to the Americas market servicing its existing and growing customer base. PayX Americas’ head office and operation is based in Atlanta, Georgia, USA and is a wholly owned subsidiary of the PayX Group.

Coreen Y. Foster, President of PayX Americas Inc. commented “I am excited both personally and professionally to be taking this leadership position, within my home territory, and at such an exceptional time of fundamental change in the history of the payments industry. Two examples of mass market change are payments infrastructure reviews and emergence of EMV in the US; both of which PayX already has unrivalled knowledge of, which combined with strong market demand, places PayX in an enviable position. PayX already has an impressive Americas customer base along with an extensive contact network built over years working within the region. In the last 12 months market demand for PayX services from both existing and new customers globally has increased exponentially. PayX is increasingly known as the most trusted, stable, unbiased payments service providers in this industry. We are proud of who we are, what we deliver and this is reflected by our global customer satisfaction. This strategic investment in PayX Americas is perfect timing for us to make a marked difference to our customers’ future through confident delivery.” Coreen is a co-founder of the PayX Group and has worked in key executive roles within PayX around the globe for over 14 years and has over 20 years’ experience in the Financial Services and Payments marketplace.

PayX CEO and co-founder, Adrian Hausser, comments “PayX Americas is yet another example of PayX delivering to what the market asks of us. We already have customers, partners and presence across the Americas so this commitment ensures a far closer customer alignment and ability to deliver faster with deeper context. In 2010 PayX has experienced a magnitude of growth and 2011 promises to continue to reflect strong customer confidence in the value of partnering with us. The PayX group is totally committed to supporting Coreen and her team and I look forward to the Americas delivering even stronger results.”

PayX Americas services the United States of America, Canada, South and Central America and the Caribbean.

PayX International today announces a Joint Marketing Partnership with Clarion Events, to support the most significant mobile payments conference of the year, Next Generation Cards and Payments (www.nextgencards-payments.com). The conference will be held in the financial capital of Europe, in the prestigious The Sheraton Brussels Hotel, Brussels, Belgium on the 25th and 26th of November 2010.

Following on from PayX’s participation in focused Cards market events, this partnership aligns to the increased demand from Cards Businesses and Retail Payments processors to engage in understanding more about the established industry methodology for payments solution decisioning, PayX-DPE. This announcement follows on from PayX’s successful involvement in a number of other high-profile Cards-based conferences and seminars which have delivered positive results for the Event Organisers and PayX alike. The desire for independent and Industry-wide knowledge services continues to grow at an accelerated rate.

This year’s Next Generation Cards and Payments Conference brings together an audience of guests from the cards and payments divisions of Europe’s top banks for a day and half to discover exactly how they can work with emerging players, what new card schemes can offer them, how they can make more money from their core business, and which channels can better serve their clients. Speakers will include senior representatives from the European Commission, European Payments Council, leading banks, alternative card schemes, mobile banking specialists and pioneering technology suppliers.

PayX Director and co-founder, Coreen Foster, comments “PayX regularly works with some of the top conference organisers in the world, so we are pleased by this opportunity to work with Clarion Events to bring Independent, current and pertinent information and knowledge to the businesses involved in Card Acquiring platform strategy reviews. The combination of each of our strengths brings an opportunity for the financial world to gain an upper hand and take control of the discovery phase which leads to ten year strategy, planning and delivering a solid understanding of the bespoke next steps.”

Through attendance at the ECAF half-day workshop, Bank Executives will be able to gain a clear and concise understanding of the changing landscape, and the opportunities available to lower risk, protect revenue and contain cost.

The aim of the workshop is to ensure you can fully assess and understand the changes created by the card payment platform vendors and the impact it will have on your Card Payments business.

By attending the workshop you will gain an in-depth understanding of
• The imminent changes facing the cards and payments world
• M&A activity and the latest technology updates on Card Payment vendors
• Critical information required for intelligent decision making
• Board level business risks, opportunities and threats
• How your industry competitors are also gaining awareness of the changes, and the resulting opportunities and challenges
• The market place and the options available to Banking institutions worldwide.

Reserve your place now, on this high-impact working session to learn about industry trends, potential impacts and how business, technology and operations are coming together to create a common bank strategy.

There are two workshop delivery sessions being run by PayX in partnership with ECAF:
Session 1: 9.30am on Wednesday 24th February
Session 2: 2:40pm on Wednesday 24th February.
Please note: Places are limited

In addition, ECAF has secured preferred pricing for PayX’s “Cards Acquirer Vendor Comparison Report” which is available to all conference attendees prior to or during the conference.